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State of New Mexico Sues Oil Company for Breach of Contract

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State of New Mexico Sues Oil Company for Breach of Contract

Wednesday, July 19, 2017

The state of New Mexico is suing a Texas oil company for breach
of contract because it did not comply with a settlement. The
settlement stated that abandoned oil wells in southern New Mexico
needed to be plugged and remediated. Siana Oil agreed to plug one
oil well in New Mexico and then clean up contaminated chemical
waste at other sites before resuming work in the state. The state
of New Mexico now claims that the company owes $147,000 in
penalties and possibly several hundred thousand more dollars due to
daily fines. In addition to the breach of the agreement the state
of New Mexico also alleged violations of the state Oil and Gas
Act.

If you have a breach of contract claim contact Thomas E.
Patterson at (312)-233-1699 or tpatterson@pattersonlawfirm.com

This entry was written by Joe Drummond,
posted on Wednesday, July 19, 2017
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